TVS Motor Company has entered into a strategic partnership with Manba Finance Limited to strengthen access to retail finance for its commercial mobility portfolio across India. The two companies have signed a Memorandum of Understanding aimed at improving vehicle affordability and expanding structured financing options for customers operating in both urban and rural markets.
Under the agreement, Manba Finance will offer monthly EMI-based retail financing across the full range of TVS Commercial Mobility vehicles. This includes passenger and cargo three-wheelers powered by internal combustion engines as well as electric drivetrains, ensuring wider coverage across customer segments and use cases.
The collaboration is designed to simplify and speed up access to finance by offering competitive funding schemes, faster loan processing and deeper reach into semi-urban and rural regions. By reducing turnaround time and improving ease of credit, the partnership aims to support last-mile entrepreneurs and fleet operators who rely on three-wheelers as income-generating assets.
Customers stand to benefit from higher purchasing power through flexible down payment options and lower monthly instalments. Bundled financing offers are also expected to provide added savings and greater financial flexibility, making ownership more accessible for small business operators.
Commenting on the partnership, Mr. Rajat Gupta, Business Head – Commercial Mobility at TVS Motor Company, said the tie-up is aligned with the company’s focus on building a complete commercial mobility ecosystem. He noted that improved affordability, quicker loan approvals and wider rural reach will help entrepreneurs and fleet owners scale their operations and enhance earning potential.
Mr. Manish Shah, Managing Director of Manba Finance Limited, said the collaboration fits well with the company’s vision of supporting cleaner and more sustainable mobility. He added that TVS Motor’s strong brand, distribution network and industry expertise would help Manba Finance build scale in the three-wheeler financing segment and contribute meaningfully to its growth plans in FY26 and beyond.
